Nova vs MD real estate appreciation. Will MD ever catch up?

[Anonymous]

I have no idea why some of these responses are so heated, PPs need to not take this so personally. OP, you answered the question for yourself--northern VA is drawing a lot more business than MD, and with that comes home appreciation.

[Anonymous]

Howard county is pretty far out OP. And values really rose, in my opinion too high, in Howard before leveling off...we had been looking for a house there about a decade ago.

Assume the trend to "back to the office in person" has hurt values in Howard. Values in MoCo are steady or going up, even in my not so dcum desirable area of eastern MoCo. But we are also a short drive from a metro station.

Think going back to work in offices has affected outer burbs in Maryland, especially those further from easy public transit, more than the inner burbs.

[Anonymous]

Anonymous wrote:I have no idea why some of these responses are so heated, PPs need to not take this so personally. OP, you answered the question for yourself--northern VA is drawing a lot more business than MD, and with that comes home appreciation.

Because OP is a troll, spreading fake news.
Median home price in MD is $325,400
Median home price in VA is $282,000
VA is not even in the top 10 states with the highest median home price

https://worldpopulationreview.com/state-rankings/median-home-price-by-state

[Anonymous]

Anonymous wrote:

Anonymous wrote:I have no idea why some of these responses are so heated, PPs need to not take this so personally. OP, you answered the question for yourself--northern VA is drawing a lot more business than MD, and with that comes home appreciation.

Because OP is a troll, spreading fake news.
Median home price in MD is $325,400
Median home price in VA is $282,000
VA is not even in the top 10 states with the highest median home price

https://worldpopulationreview.com/state-rankings/median-home-price-by-state

599k in fairfax, 527 in MoCo

[Anonymous]

Virginia has the largest number of jobs in the region with an increasingly diversified economy and - compared with Maryland - better infrastructure, better schools, better amenities, lower tax burdens, and lower crime. Driving around NoVa you get the feel of being in the 21st century. Driving around Maryland you get the feel of being stuck in the late 1990s.

The gap between the states continues to widen.

[Anonymous]

Anonymous wrote:

Anonymous wrote:In the last 15 years or so NOVA has been the engine of job growth in the area. So much that areas far flung from DC like Loundon county has had significant growth and with it great property appreciation. MD on the other end seems to stagnate even under a republican governor. I'm not sure its going to improve under Wes Moore. I'm a long term MD resident and don't mean to diss it. But my property value in the most sought after area in Howard County has just stagnated over the last 15 years. Do you see hope for MD or is the gap just going to get wider?
What about MD turns off businesses?

Then move to VA & stop complaining about something that is not true.

Move to VA an have Youngkin as your gov and conservative crap heading to your schools and school choice and taxes are going to climb like crazy there.

Absolutely move we don't want you in MD>

Nova is notoriously a liberal pocket of VA. I’m a conservative and live in Loudoun. It’s a nice mix of both sides and like most everything else, when you’re off sites like this and mixing with people in real life that’s pretty apparent. I invite you to let go of the need to be so tribal. I can also promise you the schools out here are anything but conservative- having two kids here in the public schools.

[Anonymous]

Anonymous wrote:I have no idea why some of these responses are so heated, PPs need to not take this so personally. OP, you answered the question for yourself--northern VA is drawing a lot more business than MD, and with that comes home appreciation.

I don’t get it, either. It’s a very strange thing how tribal people are on here especially around geographic regions within the area. Quite frankly nowhere around here is even close to utopia.

[Anonymous]

Anonymous wrote:Virginia has the largest number of jobs in the region with an increasingly diversified economy and - compared with Maryland - better infrastructure, better schools, better amenities, lower tax burdens, and lower crime. Driving around NoVa you get the feel of being in the 21st century. Driving around Maryland you get the feel of being stuck in the late 1990s.

The gap between the states continues to widen.

I think it depends on where in VA or MD. Thanks to travel sports, I've driven around more of MD than I ever wanted to. I think the area around Columbia seems like its doing well. Boyds/German town seems vibrant and reminds me of Loudoun. Meanwhile Annandale is every bit as depressing as any where we've had to go in MD.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I have no idea why some of these responses are so heated, PPs need to not take this so personally. OP, you answered the question for yourself--northern VA is drawing a lot more business than MD, and with that comes home appreciation.

I don’t get it, either. It’s a very strange thing how tribal people are on here especially around geographic regions within the area. Quite frankly nowhere around here is even close to utopia.

No, it’s not. It’s been like this for decades.

[Anonymous]

Anonymous wrote:In the last 15 years or so NOVA has been the engine of job growth in the area. So much that areas far flung from DC like Loundon county has had significant growth and with it great property appreciation. MD on the other end seems to stagnate even under a republican governor. I'm not sure its going to improve under Wes Moore. I'm a long term MD resident and don't mean to diss it. But my property value in the most sought after area in Howard County has just stagnated over the last 15 years. Do you see hope for MD or is the gap just going to get wider?
What about MD turns off businesses?

LOL. You call Loudon car flung yet you live in Howard Co. I worked at the Census Bureau in Suitland, and many co-workers lived in Loudoun Co as well as WV and PA.

As far as RE, I agree with you. Maryland needs to bring in more businesses.

[Anonymous]

Anonymous wrote:My PG county house has almost doubled in value in the 13 years we have owned it. (purchased for $340K and just appraised at $640K).
Depends on where you are in the state.

PG Co has a lot of potential.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:VA has cheaper taxes and gives more incentives to businesses. Have you driven by Tyson’s or even Reston lately? It’s booming and has become its own business district without needing to step foot into DC.

I loathe Tysons, just loathe it.

yo mama loathed tysons last night

my mom has alzheimers and lives out west. I realize you were trying to be funny but that fell flat.

How in the world would PP know that? Geez.

[Anonymous]

Anonymous wrote:

Anonymous wrote:My PG county house has almost doubled in value in the 13 years we have owned it. (purchased for $340K and just appraised at $640K).
Depends on where you are in the state.

PG Co has a lot of potential.

PG is the next big thing. MoCo is bursting at the seams in regards to pricing with million dollar townhomes.
The schools aren't even consistently that good throughout the county.

[Anonymous]

Anonymous wrote:

Anonymous wrote:In the last 15 years or so NOVA has been the engine of job growth in the area. So much that areas far flung from DC like Loundon county has had significant growth and with it great property appreciation. MD on the other end seems to stagnate even under a republican governor. I'm not sure its going to improve under Wes Moore. I'm a long term MD resident and don't mean to diss it. But my property value in the most sought after area in Howard County has just stagnated over the last 15 years. Do you see hope for MD or is the gap just going to get wider?
What about MD turns off businesses?

LOL. You call Loudon car flung yet you live in Howard Co. I worked at the Census Bureau in Suitland, and many co-workers lived in Loudoun Co as well as WV and PA.

As far as RE, I agree with you. Maryland needs to bring in more businesses.

Loudon is far out and so is Howard. I say this and I'm in Frederick also equally far out. I think Loudon has had much better appreciation than Howard or Frederick though we've had decent appreciation in Frederick, imo.
Considering we're about an hour from DC and Baltimore, I'm not complaining.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Virginia has the largest number of jobs in the region with an increasingly diversified economy and - compared with Maryland - better infrastructure, better schools, better amenities, lower tax burdens, and lower crime. Driving around NoVa you get the feel of being in the 21st century. Driving around Maryland you get the feel of being stuck in the late 1990s.

The gap between the states continues to widen.

I think it depends on where in VA or MD. Thanks to travel sports, I've driven around more of MD than I ever wanted to. I think the area around Columbia seems like its doing well. Boyds/German town seems vibrant and reminds me of Loudoun. Meanwhile Annandale is every bit as depressing as any where we've had to go in MD.

Columbia is always ranked high in best places to live. VA doesn't come close.